Flamemaster Corp

Flamemaster Corp., a Sun Valley maker of sealants, adhesives and coatings used by the aircraft and aerospace industries, has filed a $16-million antitrust suit against a Chicago chemical manufacturing concern, Morton International Inc. The suit, filed Thursday in U.S. District Court in Los Angeles, says that in 1988 Morton began negotiations to acquire Flamemaster, but those negotiations ended without an agreement.

Flamemaster Corp. of Sun Valley reported net income of $202,000 for the fourth quarter that ended Oct. 30, compared with net income of $184,000 for the same period last year. Revenue held steady at $1.06 million, compared with $1.07 million. For the year ended Oct. 30, the company reported net income of $1.2 million, compared with $876,000 for the previous year. Revenue rose to $5.2 million, compared with $4.7 million.

Flamemaster Corp. has declared a 3% stock dividend to be paid to its shareholders of record on April 1. The additional shares will be paid on April 17. Sun Valley-based Flamemaster is a chemicals company. The company also said that its new orders in January rose 48% to $324,100 from a year ago.

Flamemaster Corp. in Sun Valley reported net income increased 65% to $407,000 for the second quarter ended March 31 compared with net income of $247,000 for the same period last year. Revenue rose 18% to $1.48 million compared to $1.25 million. Flamemaster manufactures chemical sealants, adhesives and coatings.

Flamemaster Corp., a chemicals manufacturer that makes sealants, adhesives and coatings for the aerospace industry, posted earnings of $41,241 during its second quarter ended March 31, compared to a net loss of $31,745 in the same quarter a year earlier. The Sun Valley company also reported an increase in revenues for the quarter. It had sales of $824,848 compared to $633,637 during the same three-month period in the prior year, an increase of 30%.

Flamemaster Corp., Sun Valley, reported third quarter earnings of $364,619 for the period ended June 30, compared with net earnings of $165,969 for same quarter last year. Revenues rose to $1.4 million from $927,550. Flamemaster manufactures high-performance sealants, adhesives and coatings.

Flamemaster Corp. reported earnings of $100,413 for the first quarter ended Dec. 31, a 53% increase from earnings of $65,567 for the same period in 1992. Revenues for the first quarter were $854,033, a 22% increase from the $700,657 reported for the same period in 1992. The Sun Valley-based company is a specialty chemicals manufacturer.

Flamemaster Corp. saw its net income more than triple in its first quarter on a 25% increase in sales. For the period ending Dec. 31, Flamemaster's net income rose to $89,375, compared with $26,661 a year earlier, while its latest quarterly revenues rose to $920,422, compared with $736,978. Flamemaster, based in Sun Valley, is a maker of specialty chemicals used in the aircraft industry.

Flamemaster Corp., of Sun Valley, reported net income for the fourth quarter ended Sept. 30 of $184,000 compared to $95,000 for the same period last year. Revenues rose to $1.23 million compared to $1.2 million. For the year ended Sept. 30, net income rose to $876,400 from $523,300. Revenues for the year rose to $4.7 million compared to $4 million. Flamemaster manufactures chemicals for the aerospace and defense industries.

Flamemaster Corp., a Sun Valley chemical manufacturer, said its profit for the first fiscal quarter that ended Dec. 31 was $52,389, up 35% from $38,781 in the first quarter a year earlier. Revenues for the first quarter were $743,306, up 20% from $621,969 in the first quarter of the previous fiscal year. The company, which supplies the defense and aerospace industries, said the results came after several bad years due to the defense downturn.

Flamemaster Corp. in Sun Valley reported net income of $141,000 for the first quarter ended Dec. 31, compared with $80,000 for the same period the previous year. Revenue rose to $1.02 million from $860,000. Flamemaster manufactures sealants, adhesives and coatings.

The board of directors of PerfectData Corp. in Simi Valley has authorized the distribution of one share of Flamemaster Corp. common stock for each 200 shares of PerfectData. Fractional shares will be paid out at $6 per share, with the distribution made Jan. 27 to shareholders of record today. The distribution of shares by PerfectData will be in the form of a dividend to its shareholders.

Flamemaster Corp., Sun Valley, and PerfectData Corp., Simi Valley, said they have sold their joint 8% equity in El Guapo Foods to McCormick Co. for an undisclosed amount of cash. Flamemaster, a chemical specialty company, owns 18% of PerfectData, which designs computer and office accessories. PerfectData said it is holding discussions with several parties on a potential merger to build shareholder value.

Flamemaster Corp., of Sun Valley, reported net income for the fourth quarter ended Sept. 30 of $184,000 compared to $95,000 for the same period last year. Revenues rose to $1.23 million compared to $1.2 million. For the year ended Sept. 30, net income rose to $876,400 from $523,300. Revenues for the year rose to $4.7 million compared to $4 million. Flamemaster manufactures chemicals for the aerospace and defense industries.

Flamemaster Corp., Sun Valley, reported third quarter earnings of $364,619 for the period ended June 30, compared with net earnings of $165,969 for same quarter last year. Revenues rose to $1.4 million from $927,550. Flamemaster manufactures high-performance sealants, adhesives and coatings.

Flamemaster Corp. of Sun Valley has announced it expects earnings of approximately 30 cents per share on revenues of more than $44 million for the fiscal year ended Sept. 30, compared to 21 cents per share for fiscal 1997 (adjusted for a 20% stock dividend, paid in April 1998). The board of directors expects to pay a quarterly dividend of 3 cents on Jan. 26 to shareholders of record Jan. 7. Flamemaster is a specialty chemicals manufacturer serving the aerospace and defense industries.

Flamemaster Corp., a Sun Valley-based manufacturer of specialty chemicals, expects to report earnings of about 30 cents per share on revenue of more than $4 million for the year ended Sept. 30, the company said. That's up from 21 cents per share for the previous fiscal year, adjusted for a 20% stock dividend that was paid in April of this year. Increased sales of windshield sealants helped boost earnings and revenue. Audited figures should be released later this month, the company said.